X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
SREI INFRA FINANCE Announces Quarterly Results (2QFY19); Net Profit Up 28.8%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

SREI INFRA FINANCE Announces Quarterly Results (2QFY19); Net Profit Up 28.8%
Mon, 19 Nov

SREI INFRA FINANCE has announced its results for the quarter ended September 2018. Here is a detailed performance review of the same:

SREI INFRA FINANCE Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Operating incomeRs m12,52814,67816,67913.6%33.1%
Other incomeRs m4782-18-121.6%-137.4%
Total revenuesRs m12,57514,76016,66112.9%32.5%
InterestRs m7,1538,27210,16122.8%42.0%
Gross Profit Rs m3,8664,4934,474-0.4%15.7%
Other expensesRs m2,5422,6502,6620.4%4.7%
Profit before taxRs m1,3121,9221,794-6.6%36.7%
TaxRs m45152668530.2%51.8%
Profit after taxRs m8611,3961,109-20.5%28.8%
Gross profit margin %30.930.626.8
Effective tax rate%34.427.438.2
Net profit margin%6.99.56.6
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The bank's operating income (interest earned) during the quarter grew 33.1% on a year-on-year (YoY) basis. The interest expended was up by 42.0% YoY during the same period.
  • The bank's operating profit increased by 15.7% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 26.8% in 2QFY19 as against 30.9% in 2QFY18.
  • Other income declined by 137.4% YoY during the quarter.
  • Net profit for the quarter increased by 28.8% YoY. Net profit margins during the quarter declined from 6.9% in 2QFY18 to 6.6% in 2QFY19.
Quarter-on-Quarter Performance:
  • The bank's operating income (interest earned) during the quarter grew 13.6% on a quarter-on-quarter (QoQ) basis. The interest expended was up by 22.8% QoQ during the same period.
  • The bank's operating profit declined by 0.4% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 26.8% in 2QFY19 as against 30.6% in 1QFY18.
  • Net profit for the quarter declined by 20.5% QoQ, while net profit margins declined from 9.5% in 1QFY18 to 6.6% in 2QFY19.

To see how SREI INFRA FINANCE has performed over the last eight quarters, please visit here.

SREI INFRA FINANCE Share Price Performance

Over the last one year, SREI INFRA FINANCE share price has moved up from Rs 99.9 to Rs 35.7, registering a Loss of Rs 64.2 or around 64.3%.

Overall, the S&P BSE SENSEX is up 7.4% over the year.

Current Valuations

At the current price of Rs 35.7, the price to earnings (P/E) ratio of SREI INFRA FINANCE stands at 3.8 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.5 times.

Equitymaster requests your view! Post a comment on "SREI INFRA FINANCE Announces Quarterly Results (2QFY19); Net Profit Up 28.8%". Click here!

  

Related Views on News

SREI INFRA FINANCE Announces Quarterly Results (3QFY19); Net Profit Down 13.0% (Quarterly Result Update)

Feb 13, 2019 | Updated on Feb 13, 2019

For the quarter ended December 2018, SREI INFRA FINANCE has posted a net profit of Rs 914 m (down 13.0% YoY). Sales on the other hand came in at Rs 16 bn (up 15.4% YoY). Read on for a complete analysis of SREI INFRA FINANCE's quarterly results.

SREI INFRA FINANCE Announces Quarterly Results (1QFY19); Net Profit Up 82.8% (Quarterly Result Update)

Sep 6, 2018 | Updated on Sep 6, 2018

For the quarter ended June 2018, SREI INFRA FINANCE has posted a net profit of Rs 1 bn (up 82.8% YoY). Sales on the other hand came in at Rs 15 bn (up 23.5% YoY). Read on for a complete analysis of SREI INFRA FINANCE's quarterly results.

CreditAccess Grameen IPO: Should You Apply to this Interesting Microfinance Play? (IPO)

Aug 7, 2018

Should you apply to the IPO of CreditAccess Grameen Ltd?

HDFC AMC IPO: Do Valuations Leave Enough on Table for Investors? (IPO)

Jul 20, 2018

Should you subscribe to the IPO of HDFC AMC Ltd?

IndoStar Capital Finance IPO: Is This NBFC Worth Betting On? (IPO)

May 8, 2018

Should you apply for the IPO of IndoStar Capital Finance?

More Views on News

Most Popular

My Top 7 Stocks to Profit from Sensex 100,000(The 5 Minute Wrapup)

May 16, 2019

Tanushree Banerjee explains everything you need to know about the Rebirth of India and Sensex 100,000.

3 Stocks to Bet on to Become a 'Dividend Millionaire'(Profit Hunter)

May 14, 2019

As markets continue to rattle amid earning season, upcoming elections, volatile crude price and US China trade war, it's a great idea to add some stability to your portfolio by adding dividend stocks.

Indian Steel: The Perfect Multibagger Opportunity(Profit Hunter)

May 17, 2019

A structurally strong Indian Steel Industry will help India achieve 8%+ GDP growth in the coming years.

What Makes TVS Srichakra and CCL Products a Cut Above the Rest?(The 5 Minute Wrapup)

May 17, 2019

Despite the commodity nature of their businesses, these two stocks have rewarded shareholders well.

My Top 7 Stocks to Buy as Modi Returns to Power(The 5 Minute Wrapup)

May 23, 2019

The Modi government is all set to come back to power. With a stable government at the centre, how should you play the stock market?

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

SREI INFRA FINANCE SHARE PRICE


May 24, 2019 (Close)

TRACK SREI INFRA FINANCE

  • Track your investment in SREI INFRA FINANCE with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

MORE ON SREI INFRA FINANCE

SREI INFRA FINANCE 8-QTR ANALYSIS

COMPARE SREI INFRA FINANCE WITH

MARKET STATS